Financial institutions are building connectivity into their payments networks, but a new webinar from Finextra, hosted in association with Bottomline, argues that connectivity alone no longer cuts it. The event, titled “Beyond connectivity: Creating more value across the payments lifecycle,” asks how banks can extract more value from payments infrastructure while still managing rising customer
Ministry of Finance Pays Wages in Digital Rubles, ATMs Might Be Enabled Soon Russian institutions are embracing the recent launch of the digital ruble, the country’s central bank digital currency (CBDC), and they are rushing to include it in their processes. The Ministry of Finance has recently announced it began paying wages directly in digital
Jordi Visser, an investor known for his optimistic views on Bitcoin and the cryptocurrency market, argued that a strong market movement could occur in the last quarter of the year. According to Visser, Bitcoin surpassing $82,000 would confirm the bull trend, while the entry of new investors and increasing institutional interest could lead to an
Cathie Wood has spent years telling investors to “follow the developers” when trying to figure out where technology is headed next. Now the ARK Invest CEO thinks investors may need to follow something else: the agents. “We’re probably going to be talking more and more about ‘follow the agents,’” Wood said during a panel at
For most investors, building a portfolio still means either buying a collection of stocks, bonds and funds themselves or handing the job to an asset manager. Tokenization may eventually blur that distinction. BlackRock, the world’s largest asset manager, offered a glimpse of what that could look like with Ondo Finance via Intelligent Portfolios, packaging professionally
The Indian economy is largely expected to enter a tougher stage. Amid increasing concerns, Indian investor M. Dhandapani is now asking Indian families to stay away from fresh loans. Instead, he is urging them to build an emergency fund. His comment has sparked a critical question among crypto investors about whether they should still consider
Crypto financing announcements from Sep. 26 through Oct. 2 included $178.6 million across four disclosed transactions, led by Jeeves’ $110 million equity round. World Assets disclosed $49 million in private token sales, while Solana Company priced a $15 million share offering and Walapay raised $4.6 million. The disclosed subtotal includes token financing and a public
U.S. Bitcoin ETFs recorded provisional net inflows of $82.9 million for Sep. 28–Oct. 2, while Ethereum ETFs posted $118 million in net outflows, according to Farside Investors. Bitcoin’s reported weekly intake fell sharply from $2.39 billion in the preceding week. Farside Investors’ data showed Bitcoin ETFs recording inflows on four of the five trading days.
The SEC has granted approval for a 3x Bitcoin ETP, along with similar products for Ether, Gold, Silver, Oil, and Natural Gas. This development, highlighted by CryptoTwitter commentator Eric Balchunas, represents a significant milestone for VolatilityShares and the cryptocurrency market as a whole. The introduction of these products could attract institutional investors seeking leveraged exposure
Strategy Uses Bitcoin for Capital and Dollars for Income Investors seeking income from Strategy’s bitcoin-focused business depend on the company’s ability to raise money and maintain dollar reserves. Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), explained that process in his bitcoin income model published Sept. 29. He wrote: “Bitcoin itself pays no coupon.